Keli Sensing Technology (Ningbo)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Keli Sensing Technology (Ningbo)Ltd has a total shareholder equity of CN¥3.0B and total debt of CN¥511.3M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are CN¥4.3B and CN¥1.4B respectively. Keli Sensing Technology (Ningbo)Ltd's EBIT is CN¥234.5M making its interest coverage ratio -5. It has cash and short-term investments of CN¥1.2B.
Key information
17.2%
Debt to equity ratio
CN¥511.30m
Debt
| Interest coverage ratio | -5x |
| Cash | CN¥1.19b |
| Equity | CN¥2.97b |
| Total liabilities | CN¥1.37b |
| Total assets | CN¥4.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603662's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603662's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥52.0M).
Debt to Equity History and Analysis
Debt Level: 603662 has more cash than its total debt.
Reducing Debt: 603662's debt to equity ratio has increased from 0% to 17.2% over the past 5 years.
Debt Coverage: 603662's debt is well covered by operating cash flow (43.6%).
Interest Coverage: 603662 earns more interest than it pays, so coverage of interest payments is not a concern.